MasterCard Foundation Scholarship In 2024: What No One Is Talking About

MasterCard Foundation Scholarship opens doors for talented students from across Africa who are driven by academic dreams but lack the financial means to pursue them. This scholarship program is not just about providing financial support; it’s about harnessing the potential of gifted individuals to catalyze socio-economic change in Africa. In this blog post, we’ll explore the details of this transformative initiative, including eligibility criteria, partner institutions, and the application process.

The Vision of the Mastercard Foundation Scholarship:

The Mastercard Foundation believes that education can be a powerful catalyst for change in Africa. By empowering young, gifted individuals, this program aims to nurture a new generation of leaders who will drive the continent’s transformation and contribute to the development of their communities.

Scholarship Categories:

The Mastercard Foundation Scholarship program is divided into three categories:

  1. Secondary Education: This category includes partnerships with organizations like Camfed International and Equity Group Foundation, focusing on addressing poverty and educational disparities among girls in Africa.
  2. Undergraduate Studies: Partnering with prestigious institutions like the African Leadership Academy, American University of Beirut, and Ashesi University College, this category aims to groom future leaders capable of impacting their communities positively.
  3. Master’s Studies: For those pursuing advanced degrees, scholarships are available at institutions such as the African Institute for Mathematical Sciences (AIMS) and the University of British Columbia.

Eligibility Criteria:

To be eligible for this scholarship program:

  • For undergraduate applicants, you must be 29 years old or younger at the time of application.
  • For graduate (Master’s) applicants, you must be 35 years old or younger at the time of application.
  • Each partner institution may have its own specific eligibility criteria, so be sure to check their requirements.
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Application Process:

The application process for the Mastercard Foundation Scholarship is rigorous but rewarding.

  1. Research Institutions: Begin by researching the partner institutions and their specific eligibility criteria.
  2. Prepare Required Tests: Depending on the institution, you may need to take standardized tests like the SAT, TOEFL, or IELTS. Ensure you meet these requirements before starting the application process.
  3. Secure Reference Letters: Some institutions may require reference letters. Seek these out from community leaders, teachers, or religious leaders who know you well.
  4. Apply Directly: Apply for admission to the partner institution through their official channels, following their specific deadlines and requirements.
  5. Follow-up: Keep track of your application and inquiries through the institution’s application process.

Benefits of the Scholarship:

The Mastercard Foundation Scholarship offers numerous advantages:

  • Financial support covers tuition, accommodation, books, and more.
  • Skill development in areas like IT, entrepreneurship, leadership, and critical thinking
  • Opportunities for community service and volunteering
  • Networking with mentors, life coaches, and leadership experts
  • Smooth transition from secondary to tertiary education.
  • The chance to give back to society and contribute to Africa’s growth and development


The Mastercard Foundation Scholarship is a beacon of hope for talented yet underprivileged students across Africa. It not only provides financial support but also nurtures leaders who are dedicated to making a positive impact on their communities and the continent as a whole. If you meet the eligibility criteria and share the vision of transforming Africa through education, consider applying for this life-changing opportunity.

For more information and to apply, visit the Mastercard Foundation Scholarship website at

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